Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 11.6 to 10.1.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
MEDISALE from Gent, company number BE0432382547, closed financial year 2024 with a result of € -13,369 after tax. For that financial year MEDISALE recorded revenue of € 33.3 million and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 715,628 to € -13,369. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 1.9 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,369
▼ still € 715,628 profit in 2023
Profit after tax over the fiscal year.
€ 147,903
▼ 52% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2024
10.1
▼ 1.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 754,148
▲ 7% vs 2023
€ 74,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,523
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2 million
▲ € 1.8 million vs 2023
Loans from banks and other lenders, long and short.
€ 2.8 million
▼ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 80,679
▼ 46% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 27,510,481 | € 30,963,869 | € 33,271,477 | ▲ 7% |
| Gross margin | € 1,655,502 | - | - | - | |
| Profit after taxes | € 598,189 | € 660,343 | € 715,628 | € -13,369 | ▼ € 728,997 |
| Equity | € 882,055 | € 1,542,397 | € 1,908,026 | € 1,894,657 | ▼ 1% |
| Total debts | € 3,760,563 | € 4,697,934 | € 5,265,518 | € 5,341,446 | ▲ 1% |
| Cash | € 880,931 | € 735,318 | € 306,146 | € 147,903 | ▼ 52% |
| Land & buildings | € 358,328 | - | - | - | |
| Retained profit | € 863,463 | € 1,523,805 | € 1,889,434 | € 1,876,065 | ▼ 1% |
| Dividend | € 0 | € 0 | € 350,000 | € 0 | ▼ 100% |
| Bank debt | € 590,620 | € 379,803 | € 207,375 | € 2,019,917 | ▲ € 1.8 million |
| Balance sheet total | € 4,642,618 | € 6,240,332 | € 7,173,544 | € 7,236,102 | ▲ 1% |
| Employees (FTE) | 7.7 | 11.6 | 11.4 | 10.1 | ▼ 1.3 |
Key figures of MEDISALE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to MEDISALE?
What happened at MEDISALE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,369 (▼ € 728,997 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Decura Pharma BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 598,189 profit in 2021 to € 13,369 loss in 2024.
Paid € 719,974 in corporate taxes since 2021.
Best year ever: 2023, with € 715,628 profit.
On average € 215,000 of value added per employee in 2021.
Management
Behind MEDISALE is Decura Pharma BV. Decura Pharma BV is also behind Deraphar, LINDEPHAR, APOTHEEK RAES, FIDELMED and PHARMA FIDELMED.
Directors
According to the 2024 annual accounts
Director · represented by Andy Decuypere
Also active at: Deraphar, LINDEPHAR, APOTHEEK RAES, FIDELMED, PHARMA FIDELMED, HEALTH AND BEAUTY SHOP, DYNA DISTRIBUTION
since 2016
Establishments
Establishment units
Physical locations of this company
Waalkens 11 box B
9030 Gent
Waalkens 11b
9030 Gent
Active since 1 November 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.382.547
- VAT number
- BE 0432.382.547
- Registered office
- Waalkens 11 bus B, 9030 Gent
- Names & denominations
- MEDISALE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1987
- Peppol
- Active · Active since 10 Sept 2026
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
Groothandel in dranken, algemeen assortiment
Groothandel in wijnen en geestrijke dranken